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Doesnt he have a ton of money coming from the coin scam with that company? So he's not really bankrupt because of the armor sale failing. He just has to wait doesnt he?

Of course, he cant divulge anything about it so people arent going to just believe him if he says 'i got money coming to me if you'll just wait X amt of months...."

he didn't make much money from the coin scam anyway. Like they said he turned the money in pepper. What messed him up was that he bought twice what he had in pepper at half the price as a blackmail for the guy trying to cheat him with the scales. he was supposed to make 4 times what he spend and only had to pay 1/4 of that to pay for the credit. Well now he can't sell the armor because nobody wants so he still has to pay what he borrow without making any money from the armor.

Personally just curious about where this gold plan is supposed to leave him financially. Obviously it's going to take care of the debt which is the most pressing concern after all. After though, how much will he have to work with? Since he's going to need some money in order to get back into things (and pay for Horo's apples).

Obviously not out for concrete answers. Since that would require novel spoilers, but just some guesses.

Personally just curious about where this gold plan is supposed to leave him financially. Obviously it's going to take care of the debt which is the most pressing concern after all. After though, how much will he have to work with? Since he's going to need some money in order to get back into things (and pay for Horo's apples).

Obviously not out for concrete answers. Since that would require novel spoilers, but just some guesses.

LOTS!

Spoiler:

Gold is very profitable, what kills the profit is the high taxes and tariffs on the gold. Only some people can make a profit on gold because they have a monopoly from the church. Gold that is stamped by the church is Tax free and Tariff free. Thus why illegal traffic of gold is so illegal

Glad to see those two make up. Gotta give props to Lawrence for keeping his composure, it's quite obvious what Horo sees in him. Anyways, it's a pretty clever plan they've conducted to get out of debt. Feel sorry for the lambs though...

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Well, having not seen episode 11 yet, Nora's probably going to help out lawrence since he helped her. Horo on the other hand, how would she react? I'm sure she's hurt and he will probably apologize later with honey peaches.

He doesn't have any money from the coin scam since he used it all on pepper. He then turned the pepper into armor, which is now worthless.

He can leave the armor with the association for the time being and hopefully the market will recover. In the meantime, this little operation should get him out of debt...

He used all the money from the coin scam on pepper? Where does it say that? He owes like 40-42 coins. Surely they gave him more than 40-ish coins for such a profitable scam.

Otherwise, its like me getting $2000-$5000 for making you 1mil. It would almost be more profitable killing the person who made me such a ridiculous offer. You know, as a public service. Hmm i may have gone overboard there, but the point is that it seems so little considering the supposedly massive amount the company is making thanks to him.

I think you're forgetting that different currency have different values. He had 1000 Trenni? coins worth of pepper. He used that in trade for 10 sets of armor plus another 10 on credit. Those 10 suits on credit for 50 Rumiola? coins is his debt.

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Then the price of armor dropped below 50%. Otherwise, he could sell at a loss and cover his debt. Yes he shouldve never bought on credit. That was stupid. He shouldve just bought the 10. That way even at a loss he wouldnt be totally screwed.

Still....1000 Trenni sounds small compared to the money the company made off his info. Plus the fact that they went after him and he had to put his head on the line just so the company could make most of the profit. Although I forgot the % that he was promised. If it was less than 10% then he got ripped.

To execute the secret plan to pay back his debt, Lawrence, Horo, Nora, and Lemerio Company's Liebert head from Rubenhagen to Ramtora.
The journey to Ramtora is covered in forests where groups of wolves tended to appear, but thanks to Nora, they managed to make it through without being attacked once.
But, what lied ahead was...

Quote:

But it's the journey, rather than the destination, that I'm most interested in... looking forward to it.

Looks like what you look forward to might not be much...
Seems the destination might be more interesting than the journey in this case...

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-R.I.P. Hiroshi Yamauchi, Gaming wouldn't have been the same without you (9/19/13)

I figured out a way to clear up my confusion with the payment he got in the coin scam deal.

Lawrence wants to make enough money to open a shop right?

Well regardless of the exchange rates of different currencies, I feel his payment for the coin scam should be enough to open a shop. That's considering how they built it up making me think this was a HUGE deal involving tons of money. If even at 5%, its not enough for a shop, then it was overhyped.

Marlhait explained in episode 6 that the royal family imposed a number of duties and taxes in order to cut their losses short - which reduced the profits for the Milone company. All Lawrence was left with was 120 Trenni plus 1000 for his services (which was used to pay Horo's bills and obtain a cart load of pepper).

The exchange rate between Trenni silver and Lumione seems to be between 35 and 40-1 (otherwise Lawrence would've never accepted the merchant's initial deal). Horo's trick drove up the price 1.5 times the original asking price AND Lawrence insisted on a double margin on armor.

Unfortunately the market for armor collapsed completely, well below book value. Lawrence cannot get out of debt by selling it at a firesale price.

Marlhait explained in episode 6 that the royal family imposed a number of duties and taxes in order to cut their losses short - which reduced the profits for the Milone company. All Lawrence was left with was 120 Trennai plus 1000 for his services (which was used to pay Horo's bills and obtain a cart load of pepper).

Yup. The 120 coins was Lawrence's 5% share of the profit as agreed in the contract. The 1000 coins was a bonus that Milone gave Lawrence out of goodwill.

Quote:

The exchange rate between Trennai silver and Lumione seems to be between 35 and 40-1 (otherwise Lawrence would've never accepted the merchant's initial deal). Horo's trick drove up the price 1.5 times the original asking price AND Lawrence insisted on a double margin on armor.

Hmm, where did you get the 1.5 times? Novel or anime? I don't think the final price of the spice was indicated in the show, although you can calculate a rough range if you wanted...